CadosCados Corporation211A東証スタンダード建設業FY ending Jul 2025, non-consolidated, J-GAAP

Cados revenue and profit

Out of every ¥100 of sales, about ¥12 is left as operating profit. Revenue changed +17.2% from the prior year, operating profit +47.0%.

Five-year trend

Revenue¥7.59B
FY ending Jul 2023: ¥5.66B¥5.66BFY ending Jul 2024: ¥6.48B¥6.48BFY ending Jul 2025: ¥7.59B¥7.59BFY23FY24FY25
Operating income¥937.3M
FY ending Jul 2023: ¥521.3M¥521.3MFY ending Jul 2024: ¥637.5M¥637.5MFY ending Jul 2025: ¥937.3M¥937.3MFY23FY24FY25
Operating margin12.4%
FY ending Jul 2023: 9.2%9.2%FY ending Jul 2024: 9.8%9.8%FY ending Jul 2025: 12.4%12.4%FY23FY24FY25

What drives ROE

Net margin × asset turnover = ROA; ROA × financial leverage = ROE

Net margin8.7%
Asset turnover0.94×
ROA8.1%
ROA8.1%
Financial leverage1.92×
ROE15.6%

Denominators: average assets and average equity. Derived from reported values; ROE is shown only for positive profit and equity.

Net margin8.7%
2023: 6.5%6.5%2024: 6.3%6.3%2025: 8.7%8.7%232425
Asset turnover0.94×
2023: 0.74×0.74×2024: 0.81×0.81×2025: 0.94×0.94×232425
ROA8.1%
2023: 4.8%4.8%2024: 5.0%5.0%2025: 8.1%8.1%232425
Financial leverage1.92×
2023: 2.52×2.52×2024: 2.25×2.25×2025: 1.92×1.92×232425
ROE15.6%
2023: 12.0%12.0%2024: 11.3%11.3%2025: 15.6%15.6%232425
PeriodNet marginAsset turnoverROAFinancial leverageROE
20236.5%0.74×4.8%2.52×12.0%
20246.3%0.81×5.0%2.25×11.3%
20258.7%0.94×8.1%1.92×15.6%

Financial leverage can raise ROE; a higher value alone does not describe a company's overall condition.

Asset intensity and goodwill

Annual trends in tangible-asset ratios and goodwill balance.

PPE ÷ revenue58.3%
2023: 67.2%67.2%2024: 57.4%57.4%2025: 58.3%58.3%232425
PPE ÷ total assets56.5%
2023: 49.6%49.6%2024: 44.2%44.2%2025: 56.5%56.5%232425

Ratios are derived from reported values. Goodwill is shown only when separately reported; it is not inferred from combined intangible assets. Definition

Income statement (JPY millions)

ItemFY ending Jul 2023FY ending Jul 2024FY ending Jul 2025
Revenue5,6606,4757,588
Cost of revenue4,5855,2225,997
Gross profit1,0751,2531,591
SG&A554616654
Operating income521637937
Pretax income512601924
Income tax146196266
Net income attributable to owners366405658
Operating margin9.2%9.8%12.4%

Balance sheet (reported items)

Year-end figures from filings. Unreported items are omitted. Interest-bearing debt excludes lease liabilities.

Assets

Cash 13%
Property, plant and equipment 57%
4%
0%
Other assets 26%

Funding

Other liabilities 44%
Equity 56%

Each bar totals 100% of assets; other is the residual.

ItemFY ending Jul 2023FY ending Jul 2024FY ending Jul 2025
Cash and equivalents¥1.17B¥2.44B¥1.01B
Total assets¥7.67B¥8.4B¥7.82B
Net assets¥3.05B¥4.1B¥4.36B
Share capital¥33M¥119M¥119M
Property, plant and equipment¥3.8B¥3.71B¥4.42B
Intangible assets excluding goodwill¥416.5M¥387.1M¥351.8M
Investment securities¥3.1M¥3.1M¥3.1M
Current assets¥2.63B¥3.42B¥2B
Current liabilities¥1.64B¥1.52B¥1.81B
Long-term borrowings¥1.59B¥1.34B¥540.2M
Bonds¥500M¥500M—
Total liabilities¥4.62B¥4.3B¥3.46B
Equity attributable to owners of parent¥3.05B¥4.1B¥4.36B
Retained earnings¥2.79B¥3.15B¥3.72B
Treasury stock-¥350M—-¥17.6M

Sources

Show source documents (2)
  • EDINET (FSA Japan)

    有価証券報告書-第27期(2024/08/01-2025/07/31)

    ID S100WW302025-10-21Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第26期(2023/08/01-2024/07/31)

    ID S100UTNC2024-11-22Open

Extracted from XBRL: 45 / Derived from other figures: 1

Spotted an error? Report it (corrections keep the original record)

Analyze this page with AI

Markdown with figures, units, periods and sources, ready to paste into ChatGPT or Claude.